Title
Analysis of employee motivation in small and medium-sized companies in western Slovakia region
Abstract
It is important for leaders to ensure that their employees do their best in order to reach organizational goals. One way to achieve this is by implementing motivational systems. An effective leader must be aware of what motivates employees to perform. Motivation gives human behavior a direction and intensity which results in certain rewards that are valuable to the individual. The objective of our research was to analyze the effects of motivational factors. In the Slovakian economy, nearly 60 percent of employees are employed by small and medium-sized enterprises, which makes them highly significant. They play an important role in reducing unemployment and the development of the local economy both on a national and on a regional level. In addition, we feel there has only been a small number of studies conducted regarding the factors of internal motivation of small and medium-sized enterprises employees. With this objective in mind, based on the data we collected, we would like to set up a model for the organizations concerned that is easy to comprehend and enables the leaders to get a comprehensive picture about which motivating factors have a relevant impact on the motivation of their employees.
Keywords
extrinsic and intrinsic motivational factors, employee's motivation, small and medium-sized enterprises, Slovakia
JEL classifications
M14 , M20 , M50
URI
http://jssidoi.org/jesi/article/929
DOI
Pages
508-520
Funding
This publication was funded by the Pallas Athéné Foundations.This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
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